NOT LISTED FOR SALE

607 Short St Nappanee, IN 46550

Estimated Value: $187,000 - $208,655

4 Beds
2 Baths
744 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $180,000 $242 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,189/month

18 Days on Market

Highlights

  • Shed
  • Tile Flooring
  • Level Lot
  • NorthWood High School Rated A-
  • Forced Air Heating System
  • Community Storage Space

About This Home

As of June 2023

Great investment opportunity in one of the charming neighborhoods of Nappanee. This property puts out an average gross of over 22k per year! Both units already rented out. Shed included for each unit. Please allow 24 hr notice for showings.

Last Agent to Sell the Property

Molly Miller

SUNRISE Realty Listed on: 04/21/2023

Last Buyer's Agent

Sabas Valencia

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 110x115
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Nappanee Elementary School
  • Northwood Middle School
  • Northwood High School

Additional Features

  • Shed
  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 20-14-31-378-024.000-029

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Community Storage Space
  • Insurance Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,397

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Age: 43
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Southwood Second Lot 30
  • Parcel Number ID: 20-14-31-378-024.000-029
  • Platted: Yes
  • Amenities: Off Street Parking, Storage
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.79
  • Monthly Gross Income: 1842
  • Year Taxes Payable: 2022/2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 744
  • Total Finished Sq Ft: 744
  • Above Grade Finished Sq Ft: 744
  • Price Per Sq Ft: 241.94
  • Basement Foundation: Crawl
  • Flooring: Carpet, Mixed, Tile
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 81

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 840
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wa-Nee Community Schools
  • Elementary School: Nappanee
  • Middle School: NorthWood
  • High School: NorthWood
  • Elementary School: Nappanee

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 110x115
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1841
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3397

MLS Schools

  • High School: NorthWood
  • Middle School: NorthWood
  • School District: Wa-Nee Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 5, 2023
Sold by
Martin William
Bought by
Camargo Fernando
Seller's Agent
Molly Miller
SUNRISE Realty
Buyer's Agent
Sabas Valencia
RE/MAX Results- Warsaw
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
191
Current Estimated Value
$189,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,037
Avg. Annual Appreciation
2.80%
Original Mortgage
$176,739
Outstanding Balance
$172,841
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$18,364

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 19, 2019
Sold by
Toney Robinson Jill
Bought by
Martin William
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Molly Miller
SUNRISE Realty
List Price
$88,000
Sold Price
$83,000
Premium/Discount to List
-$5,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%
Original Mortgage
$62,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Toney Sandra K
Bought by
Sandy Toney Llc

Purchase Details

Closed on
Jan 22, 2002
Sold by
Robinson Steven E
Bought by
Toney Robert G and Toney Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Camargo Fernando $180,000 None Listed On Document
Martin William -- Near North Title Group
Sandy Toney Llc -- None Available
Toney Robert G -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camargo Fernando $176,739
Previous Owner Martin William $62,250
Previous Owner Martin William $62,250
Previous Owner Toney Robert G $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $180,000 -5.2% $242 / Sq Ft
04/21/2023 04/21/23 For Sale $189,900 +128.8% $255 / Sq Ft
04/19/2019 04/19/19 Sold $83,000 -5.7% $56 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $88,000 0.0% $59 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $88,000 -- $59 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,842 $187,800 $16,700 $171,100
2022 $1,842 $163,600 $16,700 $146,900
2021 $2,036 $98,200 $0 $98,200
2020 $2,040 $98,200 $0 $98,200
2019 $1,865 $88,500 $21,500 $67,000
2018 $1,871 $88,500 $21,500 $67,000
2017 $2,009 $99,100 $21,500 $77,600
2016 $2,044 $100,600 $21,500 $79,100
2014 $2,122 $104,500 $21,500 $83,000
2013 $2,122 $104,500 $21,500 $83,000
Source: Public Records

Agents Affiliated with this Home

  • Molly Miller

    Seller's Agent in 2023

    Molly Miller

    SUNRISE Realty

    (574) 322-9166

    2 in this area

    22 Total Sales

    Section Image
  • Sabas Valencia

    Buyer's Agent in 2023

    Sabas Valencia

    RE/MAX

    (574) 376-9859

    2 in this area

    73 Total Sales

    Section Image
  • Jill Robinson

    Seller's Agent in 2019

    Jill Robinson

    eXp Realty, LLC

    (574) 250-9980

    124 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202312226

Indiana Regional MLS

APN: 20-14-31-378-024.000-029

Indiana Kosciusko County Nappanee 46550

607 Short St, Nappanee, IN

This home is located at 607 Short St, Nappanee, IN 46550 since 21 April 2023 and is currently estimated at $197,414, approximately $265 per square foot. This property was built in 1980. 607 Short St is a home with nearby schools including NorthWood High School, Sunny Meadow Amish School, and South Millwood Parochial School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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